Money Exchange is The Powerful Weapon of Monetary Policy.

Normally money exchange rate right must be controlled by own central bank, even some times  its depend on free market but in Nepal case it is depended on India exchange rate. That’s why Nepal can’t get opportunities to handle any economy problems. For example if ours products can’t compete to others countries products that time own money can be devalued by central bank then other countries can’t sale their products in Nepal on low price . Another hand if products are shortage in market that time central bank can appreciate own money after that foreign products can come to in market to fulfill shortages. So it is the powerful weapons to handle any economy conditions but why it was handed to Indian in past. It must be controlled and  should be right in our central bank otherwise Nepalese businesses can’t compete with foreign businesses.

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